MediShield
Health Insurance
Sum assured
Rs 3 L
Premium / yr
Rs 7,500
Term
1 yrs
Entry age
18–60
About this plan
Affordable medical insurance with critical illness coverage. Best for those looking for essential health protection at budget-friendly premiums.
What's included
Key highlights
- Budget friendly
- Critical illness
- Essential cover
Features
- Hospitalization cover
- Critical illness rider
- Cashless treatment
- Pre-existing disease cover after 3 years
Eligibility & term
- Entry age
- 18 – 60 years
- Policy term
- 1 year (renewable)
Coverage breakdown
HospitalizationUp to Rs 3 lakh
Critical illnessRider available
Cashless treatmentAt network hospitals
OPDNot included
MaternityNot included
DentalNot included
Health checkupNot included
Loan & liquidity
- Grace period
- 15 days for renewal
Waiting periods
- Pre-existing diseases
- 3 years
- Specific illnesses
- 1 year
Pros & cons
Pros
- Most affordable health plan (Rs 7,500/yr)
- Includes critical illness rider
- Pre-existing covered after 3 years
- Good for young, healthy individuals
- Cashless treatment available
Cons
- Lowest coverage amount (Rs 3 lakh)
- No OPD coverage
- No maternity or newborn cover
- Limited hospital network
- Basic coverage only
What affects your premium
- Age of insured
- Coverage amount (Rs 3 lakh fixed)
- Health declaration
How to claim
- 1Cashless at network hospitals
- 2Reimbursement within 15 days of submission
- 3Simple documentation for claims under Rs 50,000
Network
- Network hospitals
- 15
- Coverage area
- Kathmandu valley + major cities
Best for
Young singlesBudget-consciousFirst health insuranceStudents
What's not covered
- Pre-existing diseases (first 3 years)
- Cosmetic surgery
- Self-inflicted injuries
- Dental (non-accident)
- Maternity
Other plans from Himalayan Everest Insurance
Premium / yr
Rs 7,500